Join host Tess Vigeland and contributors from The New York Times this Saturday at Noon, for a report that really hits home. This special episode of Marketplace Money, entitled "Which Way Home", will ask if home ownership is still a part of the American Dream.
There's long been a big gap between the wealth of white families and the wealth of African-Americans and Hispanics. But the Great Recession has made it much worse — the divide is almost twice what it used to be.
That's according to a new study by the Pew Research Center, which says that the decline in the housing market is the main cause.
The single-family rental vacancy rate in the metro Denver area has fallen to an all-time low. And while demand for the properties is high, rents aren’t keeping pace with inflation.
The vacancy rate for single-family homes, condos and other small properties across metro Denver fell to 1.4% in the first quarter of the year. That’s compared to 3.1% for the first quarter of 2010. Colorado Division of Housing Spokesman Ryan Mcmaken says in spite of declining vacancies, rents are largely flat across the metro area.